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Dec 25, 2012
12/12
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in 2012 the american people may have voted for status quo in governing but don't expect it in governance of the if the president believes he has the upper hand and people will blame the republicans if we two over the fiscal cliff i happen to believe they will blame everybody and the president is not going to escape liability for not leading us through this crisis, because after all, this is a manufactured crisis, created by the very people who are charged now it solve it to refuse to solve it. so they're just kicking the can down the road. let's not forget in 2013, we have another crisis looming and that is the debt ceiling. kelly: exactly right. let's remind people what this fiscal cliff is really all about. we're talking about automatic tax cuts that will go into place as well as drastic, draconian cuts in entitlement programs, medicare, and even the military. the military can suffer very greatly if this goes through the sequestration. if you look at all this, you realize something has got to be done, because $2,000 per average taxpayer will be added to them over the course of this yea
in 2012 the american people may have voted for status quo in governing but don't expect it in governance of the if the president believes he has the upper hand and people will blame the republicans if we two over the fiscal cliff i happen to believe they will blame everybody and the president is not going to escape liability for not leading us through this crisis, because after all, this is a manufactured crisis, created by the very people who are charged now it solve it to refuse to solve it....
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Dec 30, 2012
12/12
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if you are going to use it for more government spending we don't want a part of it. senator mcconnell on the republican side seemed to get frustrated because he felt like the democrats were slow walking the th, 18 hours without a response. mcconnell made a call to a well known senator, joe biden to see if he could help. >> we're willing to work with whoever can help. no single issue remains an impossible sticking point. a sticking point appears to be a willingness and interest or frankly the courage to close the deal. >> reporter: as senate aide says it was designed to try to jumpstart the talks and consequences of getting a tax increase is a huge concern. >> gregg: what went awry in these talks? >> you heard senator thune. a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from
if you are going to use it for more government spending we don't want a part of it. senator mcconnell on the republican side seemed to get frustrated because he felt like the democrats were slow walking the th, 18 hours without a response. mcconnell made a call to a well known senator, joe biden to see if he could help. >> we're willing to work with whoever can help. no single issue remains an impossible sticking point. a sticking point appears to be a willingness and interest or frankly...
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Dec 23, 2012
12/12
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that gives more revenue to the federal government and the president can decide who he will propose tax cuts for. i think the democrats feel it could go over the cliff. everyone's taxes will be gone up. >> automatically. >> what would happen to spending if you went over the cliff? >> you would have automatic spending cuts come in which in some cases mate be good, but could december mate defense. and that's the real concern i have is that these cuts are almost arbitrarily 50-50 and the defense is not 50% of the budget, and they will drastically cut weapon systems and the deployment of our troops. >> i can understand that you would be concerned about that. in terms of this christmas break now that you are home and the president is in hawaii, but the president suggested it is a cooling off period for everyone. are you optimistic that next week things could change all of a sudden and a deal could happen? >> i am optimistic if we can get one done in the hour. people are far apart. many republicans feel they were elected under a pledge not to raise taxes no matter what. democrats were elected
that gives more revenue to the federal government and the president can decide who he will propose tax cuts for. i think the democrats feel it could go over the cliff. everyone's taxes will be gone up. >> automatically. >> what would happen to spending if you went over the cliff? >> you would have automatic spending cuts come in which in some cases mate be good, but could december mate defense. and that's the real concern i have is that these cuts are almost arbitrarily 50-50...
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Dec 22, 2012
12/12
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, not the post office but the federal government and, the federal government has been ballooning, in the last few years. so, certainly that is an opportunity for some people. >> jamie: let's say they hire people and some stay on as permanent workers, for others. do you think salaries will ever get up to the rates they were for jobs? i know the minimum wage goes up from time-to-time. can some employees who may be underemployed expect at some point to regain their financial picture? future? >> i'm absolutely an optimist but i think it is all about what you bring to the table. if your skills have gotten rusty get skills and skills once in demand are not the same ones in demand today. you have to seep yourself current, no matter where you are in the economic spectrum you have to keep your skills up to par and if you let them lguish your salary will go down, certainly, in real terms. >> jamie: is there a prejudice against workers out of the workforce for a while, even with the temporary jobs? >> without a doubt them. longer you are out. you turn from unemployed to unemployable. and, you k
, not the post office but the federal government and, the federal government has been ballooning, in the last few years. so, certainly that is an opportunity for some people. >> jamie: let's say they hire people and some stay on as permanent workers, for others. do you think salaries will ever get up to the rates they were for jobs? i know the minimum wage goes up from time-to-time. can some employees who may be underemployed expect at some point to regain their financial picture? future?...
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Dec 23, 2012
12/12
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new government report, holiday hiring is fast approaching a 12-year record, great news? you have to ask yourself how many of she is seasonal jobs will be made permanent or they just vanish come january 2nd. how do we stimulate the growth of the higher paid jobs in technology and manufacturing that we really need to get the economy moving again. joining us is brenda buttner. good to see you. that is the good news. seasonal hiring is a record high? >> yeah it really is. we have had some reports from that basically we've seen 20% increase of holiday hiring from last year. amazon, target both reporting 21% more increase in hiring. >> gregg: how long are those going to hang around? >> that is a good question. we always see a drop-off that cliff of the employment cliff in january. what is more revealing we're seeing so much increase of hiring it was mainly in november. i would like to see december's numbers. we expected a strong consumer spending season. it's turning out to be much more disappointing than we had anticipated. >> gregg: why is that? >> many of the people who wer
new government report, holiday hiring is fast approaching a 12-year record, great news? you have to ask yourself how many of she is seasonal jobs will be made permanent or they just vanish come january 2nd. how do we stimulate the growth of the higher paid jobs in technology and manufacturing that we really need to get the economy moving again. joining us is brenda buttner. good to see you. that is the good news. seasonal hiring is a record high? >> yeah it really is. we have had some...
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Dec 22, 2012
12/12
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again the government does own 26% of general motors. i think it's a government directed bonus pool that is a lot of pay back for the unions who voted in administration in this office. >> heather: so on wednesday, gm did receive a christmas boost because u.s. treasury it would reduce its stake in gm by selling a chunk of sales back to the company? >> right. i think that is right. so slowly the united states government is getting out of the shares they own in general motors to make it a publicly traded company subjected to the capitalistic supply and demand marketplace but before they did that they signed in a four-year deal in which they are going to pay bonuses of $5,000 to $7,000 per year. i think it was a nice payback and nice deal for the current employees for general motors. >> heather: that will reduce the treasury's stake to about 19%, but let's talk about good news. the company is doing better. gm specifically this year made $5.5 billion in profits, expected to post substantial profit in the fourth quarter. are these bonuses dese
again the government does own 26% of general motors. i think it's a government directed bonus pool that is a lot of pay back for the unions who voted in administration in this office. >> heather: so on wednesday, gm did receive a christmas boost because u.s. treasury it would reduce its stake in gm by selling a chunk of sales back to the company? >> right. i think that is right. so slowly the united states government is getting out of the shares they own in general motors to make it...